when an elected official or officials
claim they're "taking effective action " to address society wide problem n
most folks lack the quantitative framework sense of scale etc
ie the informal loose model to figure out
whether this action has any chance at effectiveness
any chance to make a signifigant difference
this mass incapacity to evaluate a policy
can segment itself
and still exist
simply by operating with added octane at a number of higher levels of relative citizen sophistication
you get the ascending great chain of clown being
in the end
can we rely on the ballot box
to provide majoritarian self interets feed back to steer policy
in short
does our periodic duopoly choice mechanism work for ...the people ???
forget about it
doe it even curb anti majoritarian state action ???
if that anti majoritarian state action is deemed by policy circles
to be crucial to the sustemance of corporate hegemony
in a word
NYET !!!!!!
the biggest ignorance is of course about the global market structure
in products and funds
and the hegemonic role of trans nat free range corporations
why even academic macro nauts like pk
one's that know better
refuse to isolate the MNC policy pov
before speculating on the motives behind apparently
"anti majoritarian welfare " in say .. cyclical macro policy
or tax and transfer modification
---------------
tedious maxim :
forget the struggle of the ideologians
as a first cut
take on
why this policy path might benefit a powerful policy bending group or class
example trap and stag
paine patent pending thesis :
no forex moves
no fast recovery of job markets
no adequate transfer system pay outs
for the planet's major advanced national market systems
stag - boom contrasting absorption rates only
to adjustments chronic imbalances in cross N/S hemi trade and fund flows
boom south stag north
this is better
for the medium and long run as well as short run international corporate profits
and if we face a trade off
more international business is better then more inside advanced nation business
because
corporate profit margins are higher on cross border and overseas busimess
----------------
gedanken Rx... for enlightenment
find opr build an open macro model
with specified international firms IFs
with n bordered local market
give these IFs pricing power and border crossing ability
that allows them to capture
what in under specified models
pass thru as vague "national gains from trade "
or at best
"national factor gains from trade "
then starting with a stylized "present structure and condition " sim run
with each alternative policy path
then look for the IF profit maxer over the m periods
if you want to look at national factor effects of various policies kool
but must use a well defined economic class
like the IFs "stockholders"
or greater refinement
like the national skill or skill less gains
even a sim of income gains ..changes
to a simple unified labor factor has its virtues
despite submerged distributional complexity
so long as niche and positional job rent receivers
are removed first
crass mechanical most dollars for us determinism
is better then a review and evaluation
of class sponsored ideologians clashing by ....rights
